Mandalay regional government will spend nearly K4 billion for a mega-housing project in eight townships for civil servants starting mid-2018 to meet staff housing requirements, an Urban and Housing Development official told The Myanmar Times. The construction plan is part of regional government’s plan to be implemented during the interim-budget period before fiscal year 2018-2019 starts on […]
Myanmar, S. Korea Agree to Build Logistics Hub in Yangon
February 10, 2018 by
YANGON, Feb. 6 (Xinhua) — Myanmar and South Korea signed a memorandum of understanding to build a logistics hub of international standard in Yangon, the official Global New Light of Myanmar reported Tuesday. The logistics hub will be constructed by the Myanmar Ministry of Commerce and the HUBS MK Company of South Korea on a […]
Wary of China’s Foothold, Japan Urges India to Help Myanmar
February 10, 2018 by
Japan’s special envoy to Myanmar urged New Delhi to play an active role in protecting the troubled country before it falls back into China’s orbit. “India, with her old relationship, should play a more proactive role in Myanmar,” Yohei Sasakawa was quoted as saying in the Times of India. Myanmar faces mounting international pressure […]
EU and Germany Invest 22.25 Million EUR Aquaculture in Myanmar
February 9, 2018 by
The Department of Fisheries of the Ministry of Agriculture, Livestock and Irrigation hosted the official launch of the Myanmar Sustainable Aquaculture Programme (MYSAP) in Naypyidaw today. Over the course of five years, MYSAP will support the sustainable development of aquaculture in Myanmar, with 22.25 million EUR (36.70 billion MMK) in funding from the European Union […]
MAEX to List on YSX This Year
February 9, 2018 by
Myanmar Agro Exchange Public Limited (MAEX) emerged three years ago with the purpose to develop the agricultural, fish and meat wholesale market throughout Myanmar. And it was with fanfare that Win Aung, chairman of MAEX Limited, said at the official opening ceremony of the Danyin Gone fruits, flowers and vegetables wholesale market on 30 January […]
Vietnamese Investors Prosper in Laos, Cambodia, Myanmar
February 9, 2018 by
Vietnam’s OFDI has been increasing in recent years with 930 projects licensed, mostly in the fields of industry, agriculture, telecommunication and finance & banking. Forty percent are developed in Laos, Cambodia and Myanmar. Laos is in No 1 among the countries and territories where Vietnam has OFDI. According to FIA (Foreign Investment Agency), by the […]
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